XML 92 R76.htm IDEA: XBRL DOCUMENT v3.25.4
Income Taxes - 2024 and 2023 Effective Tax Rate Reconciliation (Details)
12 Months Ended
Dec. 31, 2025
Rate
Dec. 31, 2025
Dec. 31, 2024
Rate
Dec. 31, 2023
Rate
Income Tax Disclosure [Abstract]        
Tax provision at U.S. statutory rate   21.00% 21.00% 21.00%
State and local income tax   0.60% 1.10% 0.90%
U.S. tax on foreign earnings     0.90% 1.30%
Italy patent box     (0.80%) (1.10%)
Foreign-Derived Intangible Income ("FDII")   (1.30%) (1.30%) (1.20%)
Excess tax benefits on stock-based compensation     (0.30%) (0.20%)
Audit settlements and unrecognized tax benefits     0.20% 2.70%
Valuation allowance on deferred tax assets   (0.10%) (1.00%) (3.10%)
Tax on undistributed foreign earnings     (0.90%) 0.30%
Wolverine divestiture     (1.60%) 0.00%
Foreign tax effects     2.10% 1.60%
Amended tax return     0.00% (1.00%)
Other adjustments   0.50% 0.00% (1.00%)
Effective income tax rate 24.60% 24.60% 19.40% 20.20%